Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-10-06 17.555370 20.023574 22.718412 25.879884 29.488471 33.480594 38.234460
2024-10-13 13.977104 17.162607 20.905267 25.630108 31.441530 38.363814 47.248285
2024-10-20 11.036054 14.482439 18.808363 24.643877 32.323779 42.106009 55.546583
2024-10-27 8.984194 12.546088 17.302431 24.130464 33.706554 46.698600 65.735362
2024-11-03 7.708931 11.420203 16.676279 24.682571 36.613520 53.806603 80.600182
2024-11-10 6.754739 10.585052 16.322156 25.569778 40.173102 62.467132 99.325208
2024-11-17 5.791190 9.571608 15.542827 25.699505 42.648201 69.985358 117.805866
2024-11-24 4.800858 8.344648 14.230519 24.765562 43.290897 74.774039 132.889236
2024-12-01 4.000844 7.295224 13.034741 23.819329 43.755494 79.371057 148.587752
2024-12-08 3.453628 6.592991 12.318794 23.591425 45.455415 86.437708 170.137953
2024-12-15 3.052206 6.088496 11.874942 23.789061 47.989917 95.500120 197.291616
2024-12-22 2.682273 5.579657 11.337735 23.712369 49.984972 103.899422 224.844337
2024-12-29 2.441014 5.299959 11.230290 24.546438 54.128349 117.657190 267.061673
2025-01-05 2.164821 4.897441 10.803669 24.636924 56.737576 128.762643 306.049697
2025-01-12 1.868774 4.397164 10.081310 23.943596 57.486395 135.981471 337.858585
2025-01-19 1.645605 4.021942 9.571428 23.645571 59.110830 145.562916 377.588184
2025-01-26 1.514399 3.841665 9.483194 24.351589 63.342733 162.285996 439.233386
2025-02-02 1.413762 3.718576 9.512208 25.364266 68.583500 182.641792 515.286097
2025-02-09 1.284928 3.498892 9.261072 25.603869 71.856250 198.606677 583.176992
2025-02-16 1.124344 3.164255 8.652094 24.759101 71.997221 206.191476 629.036947
2025-02-23 0.984375 2.860106 8.070482 23.879068 71.871339 213.052619 674.565738
2025-03-02 0.888405 2.663438 7.751815 23.702863 73.803862 226.351283 743.445920
2025-03-09 0.817459 2.527160 7.581877 23.943628 77.081411 244.445004 832.392273